OREANDA-NEWS. On April 30, 2008 an auction on placement of short-term notes of National Bank with the state registration number 50101719S, total volume AZN 50,000,000, volume put-up to the auction AZN 40, 000, 000, face value per note AZN 200, and turnover period 29 days was carried out on Baku Stock Exchange, reported the press-centre of Baku Stock Exchange.

Total volume of orders submitted by 9 investors made AZN 37.738.400 at face value.

Orders were presented in price range from 99,16% (YTM – 10,52%) to 99,24% (YTM – 9,51%).

National Bank set cut off price on competitive orders in the amount of 99,16% (YTM – 10,52%) and weighted average price in the amount of 99,18% (YTM – 10,26%).

Volume of Notes realized at face value formed AZN 37.738.400, including noncompetitive orders of AZN 834,600. The maturity date of Notes is May 29, 2008.